While many are looking forward to the holidays, taking a much-needed respite from the woes of the world, scammers are gearing up for a new holiday season of swindling. This year, the Better Business Bureau (BBB) has published what they call their “Naughty List” with the top scams that can catch shoppers off guard this holiday season. Social media platforms...
Merchants should consider chargeback insurance to protect themselves from online fraud. With the COVID-19 pandemic sweeping the country and the world, consumers are now looking online for goods, services, and entertainment. This sudden change in consumer purchasing behavior has great implications for eCommerce businesses. On one hand, eCommerce businesses have seen an explosion of sales. ACI Worldwide’s research has found...
AI has received a lot of notoriety as the ultimate solution for fraud prevention. Artificial Intelligence or (AI) has been a topic of much discussion in recent years. Many merchants falsely believe that it’s the “new kid on the block” of payment fraud solutions. This could not be further from the truth. In fact, FICO has been steeped in this...
